Where is the Real Estate market headed from here, will the prices go up, down or remain the same. Thoughts?
I am currently living in a condo with a roommate helping me pay my mortgage. I re-did the kitchen, floors (hardwood), bedrooms and finished the basement. I am looking to use the equity I built in this condo as well as...
I preapproved a borrower to put in an offer, but the listing agent denied the offer because it was from a big bank. There is a misconception that my bank won't finance a "flip" transaction. Our guidelines clearly st...
I have no problem long-distance managing. But, how do I find a new tenant long distance? Here are a few ideas -register as a property manager ( if I register in california is this valid in all 50 states). If I do thi...
My friend is in a weird situation. Lets call him Frank. Frank's friend Todd lives in a rent controlled building. Frank moves in with Todd and the landlord put Frank on the lease through an addendum. The addendu...
I became permanently, totally disabled from 26 years of Federal service in January of 2007. Remained current for approximately 1.5 years, middle of 2008. Bank of America/Countrywide told me I had to be 3 months behind...
I am the POA for my dad. His house has high capital gains taxes (bought it 1983) and low property 19 (CA) tax base. Can I keep property 19 tax base on a 1031 exchange ? ( I have heard no)
Could I do the 1031 exchange...
Hi everyone!
Please tell me what you think of the deal below:
Strategy: Rent by the room | Purchase Price: 310k | Interest Rate: 7.1% | Square ft: 2027 | Closing Cost: 23k
Details: This home is a two-story with 3 b...
Hello,Does anyone here do homesharing (Airbnb) for their rental property? I am having a tough time finding insurance for this commercial short term rental activity in an owner occupied house (I live in one unit, the o...
Is not currently employed, but has $130,000+ cash on hand, has excellent credit, no evictions, no judgements, owns two rental properties and just sold their primary residence and moved to a new area for a pending job?...